Verlaine Macclements
Verlaine Macclements is a CFP-designated registered investment advisor at Principal Securities, INC., based in Austin, TX, with 20 years of industry experience. Verlaine is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 51,941 clients with $17B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $150K | 1.75% |
| $150K - $250K | 1.75% |
| $250K - $500K | 1.75% |
| $500K - $1000K | 1.20% |
| $1M+ | 1.10% |
Fees are negotiable and collected quarterly in arrears. Schedule reflects the SEI Managed Account Solutions program maximum fees. Other programs utilize promoter fees ranging from 0.07% to 1.50% or asset-based fees up to 1.95%.
Fee Estimator
Location
Austin, TX
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Regulatory History (1)
Customer Dispute
April 2006Other Business Activities
Verlaine is the Treasurer Elect for the Travis County Medical Society Alliance, reporting financial activity to the board. Verlaine is also the VP of Community Service for the Travis County Medical Alliance, acting as a liaison between organizations and managing grants; these activities require minimal time.
Employment History
Current Registrations
Principal Securities, INC.
Principal Securities, INC.
Principal Securities, INC.Broker
Previous Registrations
Intrust Fiduciary Group
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
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